BUFFALO, NY - It is the building that helps define the Buffalo skyline. One HSBC Center has 15-tenants.
HSBC Bank occupies 78-percent of the building of the HSBC Tower. The building is owned by Seneca One Realty.
HSBC'S lease expires at the end of October 2013.
A source with direct knowledge of the building's leasing deals tell 2 On Your Side, that if HSBC moves out entirely, there is a possibility that this building could become a mixed-use building, featuring luxury housing.
In the early 90's, a restaurant on the 38th floor in what was then Marine Midland Center closed and was converted into office space. The possibility of a sky-high restaurant again overlooking the city could be part of the future for One HSBC Center.
Mike DeGeorge, a spokesman for the Mayor of Buffalo told 2 On Your Side in a statement that "the city, working with the Buffalo Niagara Partnership, is providing resources and incentives to help re-populate buildings in downtown Buffalo that have vacancies." This statement was made in reference to any building that is dealing with vacancy.